40% shared-ownership option from £115,000 (rent on unsold share applies)
Open-plan lounge/kitchen/diner with ground-floor cloakroom
Enclosed rear garden and off-street parking
Approx. 643 sq ft; two bedrooms, one bathroom
990-year lease; leasehold tenure
Service charge noted (720 listed); charges may be reviewed
Broadband speeds reported as slow in the area
Approx. 2 miles to Banbury train station; easy M40 access
This brand-new two-bedroom end-of-terrace on Blackwell Drive is offered through Shared Ownership, making central Banbury living more affordable for first-time buyers. The home sits in a quiet, low-crime area with an enclosed garden and off-street parking — practical extras for daily life. The open-plan lounge/kitchen/diner and cloakroom on the ground floor provide a contemporary, easy-to-maintain layout, with two bedrooms and a family bathroom above.
The development benefits from planned local investment — new primary school, expanded secondary provision, community centre and sports areas — which should improve long-term local facilities and appeal. Commuters gain easy access to the M40 and are approximately 2 miles from Banbury train station, with Oxford and Birmingham within reasonable driving distance.
Buyers should note this is a leasehold Shared Ownership property. A 40% share is available from £115,000 (rent on the unsold share applies), with eligibility criteria including an income cap and requirement that this be your sole residence. Service charges and housing-association rent are payable and reviewed annually. The property has a 990-year lease remaining.
Practical considerations: broadband speeds in the area are slow and the council tax band is currently TBC. The home is new build and move-in ready but buyers should confirm final specification and any future service charge/rent reviews with the provider before committing.
